The Import Price Index decreased by 2.4% in the March quarter 2005. The most significant contributors to the decrease were crude petroleum oils, transmission apparatus, medicaments, parts for telecommunications equipment, and parts for automatic data processing machines. The decreases were partially driven by the appreciation of the Australian dollar against all major currencies. The most significant offsetting price increases were observed for unclad rolled iron and steel, and diamonds.

EXPORT PRICE INDEX

The Export Price Index decreased by 0.5% in the March quarter 2005. The most significant contributors to the decrease were crude petroleum oils, gold, frozen beef and petroleum gases. The decreases for all commodities were partially driven by the appreciation of the Australian dollar against all major currencies. The most significant offsetting price increases were observed for coal and semi-coke, alumina, and zinc ores and concentrates.

NOTES

CHANGES IN THIS ISSUEThere are no changes in this issue.

ROUNDINGAny discrepancies between totals and sums of components in this publication are due to rounding.

RELATED STATISTICSFor more information about statistics in this publication and about other 'ABS data available on request', contact Steve Whennan on (02) 6252 6251, or email <steve.whennan@abs.gov.au>.

INQUIRIESFor further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Steve Whennan on Canberra (02) 6252 6251.